- Joined
- Sep 3, 2000
- Messages
- 6,733
I really like what David W had to say in his last post. We all pull hard for the industry and consumers.
Someone mentioned that I was implying something bad about Brian Gavin. It was not intended to impugn his integrity which I believe is not in question. It is a matter of doing business that one buys a diamond based on knowledge and sells it nearly all the time based on the lab report. One could say this exploits lab reports and unwitting consumers, but it is a simple market fact that reports where a diamond is harshly graded are often refused by diamond dealers and re-submitted for a better grade consideration. Many of these diamonds are re-graded a color or clarity grade higher. It is a game that is played and it is played because it is the way money is earned. Its a cold, hard truth that honesty needs to meet a practical level of application when it comes to selling a hotly competitive product. Any little edge is a game to be exploited. This is LEGITIMATE, not unethical or even immoral.
Pricescopers, as perfectionists or idealists, we can complain that this is a lack of honesty, but I prefer to see this as the best we can do in our free market while we still employ subjective grading. I have not questioned anyone''s honesty here. Sellers, consumers, and appraisers all are entitled to their opinion of quality, but major labs make these documents we agree to live by. I see no problem in this in most circumstances. Even in this sticky situation, we have found a middle road that meets the needs of all concerned. To me, that''s a good outcome.
Everyone has succeeded here, and reasonable compromises have been offered. I only wish the foreign policy of the good old USA could be so readily resolved. I''d be glad to donate an entire day or a week to the process if the outcome could be so good. No doubt, we all wish Harriet the best whatever she decides to do.
Someone mentioned that I was implying something bad about Brian Gavin. It was not intended to impugn his integrity which I believe is not in question. It is a matter of doing business that one buys a diamond based on knowledge and sells it nearly all the time based on the lab report. One could say this exploits lab reports and unwitting consumers, but it is a simple market fact that reports where a diamond is harshly graded are often refused by diamond dealers and re-submitted for a better grade consideration. Many of these diamonds are re-graded a color or clarity grade higher. It is a game that is played and it is played because it is the way money is earned. Its a cold, hard truth that honesty needs to meet a practical level of application when it comes to selling a hotly competitive product. Any little edge is a game to be exploited. This is LEGITIMATE, not unethical or even immoral.
Pricescopers, as perfectionists or idealists, we can complain that this is a lack of honesty, but I prefer to see this as the best we can do in our free market while we still employ subjective grading. I have not questioned anyone''s honesty here. Sellers, consumers, and appraisers all are entitled to their opinion of quality, but major labs make these documents we agree to live by. I see no problem in this in most circumstances. Even in this sticky situation, we have found a middle road that meets the needs of all concerned. To me, that''s a good outcome.
Everyone has succeeded here, and reasonable compromises have been offered. I only wish the foreign policy of the good old USA could be so readily resolved. I''d be glad to donate an entire day or a week to the process if the outcome could be so good. No doubt, we all wish Harriet the best whatever she decides to do.